sign up FAST!

CryptoKitties Explained: Is It Possible To Profit From CryptoKitties?

The rising popularity of cryptocurrency has laid the foundation for many crypto games that enable users to earn digital assets while playing their favorite games. These games allow players to trade in-game assets for cryptocurrency or earn crypto tokens against games. 

CryptoKitties is one such game, which has a record of more than $1 million in sales. In this article, we explore the world of CryptoKitties including their gameplay, money-making, and more. 

What are CryptoKitties?

CryptoKitties Explained

Crypto Kitties are blockchain-based games offering a cat-based theme. In this game, players are allowed to collect, breed, and sell virtual cats to earn real money. The game marks the first attempt at the blockchain game and gained huge attention. 

Each cat in this game is considered an NFT and thus has unique features, that one can’t replicate, or destroy. CryptoKitties are built on Ethereum by using the ERC-721 token standard. Similar to NFTs, the rarer the feature a cat has, the higher the price it holds.

The History of CryptoKitties

CryptoKitties was inspired by Tamagotchi and Pokemon, the two popular digital pets of the 1990s. The game was launched in 2017 by Dapper Labs, aiming to bring non-fungible tokens and their new utility to fans around the globe.

The game holds two historic records: one of the first blockchain games and the first Ethereum-based game. Genesis is the rarest crypto kitty as it was the first hatched crypto kitty by the developers. It was sold for 246.926 Ether. 

How Does CryptoKitties Work?

CryptoKitties operates on the blockchain network. It utilizes a generic algorithm that mimics the genetic principles of a kitten by integrating a smart contract code. Each kitten has their own genetic pattern stored digitally that helps in determining the type of offspring it produces. The genomic traits are stored in smart contracts

Two kitties can be bred together to produce an offspring. The genotype stored in the smart contract is used to determine the phenotype of the offspring produced. As the parents vary for every breeding, the offspring produced remains unique every time. 

The Gameplay of CryptoKitties

Game goal

The goal of the game is to breed and sell cryptokitties to earn ETH. The rarest featured kitty gets the highest reward. 

How to play?

A user has to create a CryptoKitties account to play the game. The game begins with no kitties around. A player has to buy a crypto kitty using ETH, then breed two cats and produce offspring. 

Breeding the cat generates an egg, and their hatching produces a new kitten which can be added to the player’s stock. A user has to buy cats for breeding and it can come from different generations. Buying the rarest cat costs more than a commonly featured cat. 

Generation and Cooldown

These are the two features of the game used to determine which cat to breed and which to sell. 

The generation evaluates the generation gap of an offspring from their original parent. The generation of offspring produced will always be one number higher than their parent with the highest generation number. 

Cooldown determines the breeding time of a kitty: the lower the cooldown of a kitty, the shorter its breeding period. Based on the cooldown and generation, the price of the kitty varies. 

How to Earn by Playing CryptoKitty? 

Breeding two cryptokitty produces a new offspring, which is added to the player’s stock. The new crypto kitty can be sold, the rarer the feature, the higher the price. Since the game involves breeding cats, players have to buy different cats to start the game. 

A player can put the crypto kitty for sale on different websites and NFT marketplaces. The players in need of a crypto kitty buy from their owners by offering a price, the owner has the right to either accept or reject the offer. Players can buy a single crypto kitty to start the game or purchase two for breeding right away.

Players can create a siring auction, through which the crypto kitty can be launched in the siring market. The players can decide the starting and ending price of their kitty before putting them on sale. Other players buy the crypto kitty by providing the demanded money. In this way, the CryptoKitty game creates a profit-generation opportunity for gamers. 

Final Thoughts

CryptoKitties are NFT games that offer players an opportunity to earn ETH tokens. The game involves the breeding of cryptokitties with distinct characteristics. The game provides an intuitive interface for cat lovers and blockchain enthusiasts. The game is included in the play-to-earn genre, offering enjoyment along with profit generation. The game has gained huge popularity from people around the world. 

Leave a Comment